| Central/West Africa: Prices unchanged due to slow trading |
| 19/11/2008 - 10:11 |
There are no price changes to report during the first two
weeks of November. Trade has been very slow but
basically was in balance because production and stock
levels have been kept very low. The rainy season in Gabon
and Cameroon has been hampering logging and as a
consequence sawmill production was limited. China has
continued to buy, and while India has been less active,
trade was still being conducted. Prices for the favored
species have not moved, and Vietnam has proved to be a
more active buyer over the past few months for the lower
rated species. A few sales have been made to North
Africa but prices have been very high. Experts suggest that
some buyers may have been able to negotiate a slightly
lower price, while at the same time some producers may
be able to apply a price premium for higher quality or
special size specifications. These price differences were
unlikely to be more than a very few dollars up or down
and were not affecting the general stability of prices as
producers have stopped cutting any species for which
there is no interest from buyers.
In general, European importers have been reducing stocks
to a bare minimum. In the UK, companies in secondary
and tertiary processing such as windows and doors have
experienced marked slowdown in demand, and some small
and medium-sized businesses have been forced to close or
have reduced staff and production. One larger company
(Palgrave Brown) has gone into administration and
forecasts for 2009 for European housing and construction
business are not positive for West African exporters.
Central/West Africa
| West Africa logs, FOB |
€ per m³ |
| Asian market |
LM
|
B
|
BC/C
|
| Acajou/ Khaya/N'Gollon |
221
|
191
|
137
|
| Ayous/Obéché/Wawa |
206
|
206
|
168
|
| Azobe & Ekki |
168
|
168
|
122
|
| Belli |
168
|
168
|
-
|
| Bibolo/Dibétou |
168
|
168
|
114
|
| Bubinga |
533
|
457
|
381
|
| Iroko |
289
|
274
|
259
|
| Okoume (60% CI, 40% CE, 20% CS) |
132
|
-
|
-
|
| Moabi |
259
|
259
|
206
|
| Movingui |
191
|
191
|
137
|
| Niove |
129
|
129
|
-
|
| Okan |
162
|
162
|
135
|
| Padouk |
259
|
259
|
229
|
| Sapele |
251
|
251
|
191
|
| Sipo/Utile |
305
|
305
|
228
|
| Tali |
152
|
152
|
114
|
| West Africa sawnwood, FOB |
€ per m³
|
| Ayous |
FAS GMS |
335
|
| Fixed sizes |
396
|
| Okoumé |
FAS GMS |
300
|
| Sel. & Bet. GMS Italy |
250
|
| Sel. & Bet. fixed sizes |
-
|
| Sipo |
FAS GMS |
585
|
| FAS fixed sizes |
-
|
| FAS scantlings |
585
|
| Padouk |
FAS GMS |
585
|
| FAS scantlings |
585
|
| Strips |
425
|
| Sapele |
FAS Spanish sizes |
520
|
| FAS scantlings |
520
|
| Iroko |
FAS GMS |
458
|
| Scantlings |
519
|
| Strips |
304
|
| Khaya |
FAS GMS |
396
|
| FAS fixed |
427
|
| Maobi |
FAS GMS |
580
|
| Scantlings |
580
|
| Movingui |
FAS GMS |
420
|
|
| (ITTO's Tropical Timber Market Report) |
 |
 Send this article to a friend |
|
| Related News |
|
|
|
|
| 18/03/2010 - 09:40 |
|
|
|
|
| 22/02/2010 - 10:31 |
|
|
|
|
| 03/02/2010 - 10:15 |
|
|
|
|
| 25/01/2010 - 14:45 |
|
|
|
|
| 18/12/2009 - 14:03 |
|
|
|
|
| 01/12/2009 - 17:45 |
|
|
|
|
| 25/11/2009 - 17:59 |
|
|
|
|
| 03/11/2009 - 21:32 |
|
|
|
|
| 20/07/2009 - 08:36 |
|
|
|
|
| 07/07/2009 - 08:03 |
|
|
|
|
| 19/06/2009 - 18:01 |
|
|
|
|
| 05/12/2008 - 08:38 |
|
|
|
|
| 15/10/2008 - 13:07 |
|
|
|
|
| 10/10/2008 - 09:33 |
|
|
|
|
| 18/09/2008 - 14:18 |
|
|
|
|
| 01/07/2008 - 16:43 |
|
